Newsweek ditches print edition

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Newsweek, the prominent US weekly magazine, announced yesterday it will end its print edition early next year in favour of digital content. Editor Tina Brown said the 80-year-old publication, which merged with news website The Daily Beast last year was switching due to “challenging economics”. Brown predicted both editorial and business job losses but did not specify how many. The Newsweek website saw a 70 per cent increase in visits last year.